The Indian Institutes of Management (Amendment) Bill, 2025 |The LexSphere Library

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•AS INTRODUCED IN LOK SABHA

•Bill No. 109 of 2025

•THE INDIAN INSTITUTES OF MANAGEMENT

•(AMENDMENT) BILL, 2025

•A

•BILL

•further to amend the Indian Institutes of Management Act, 2017.

•BE it enacted by Parliament in the Seventy-sixth Year of the Republic of India

•as follows:—

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5.The salient features of the Indian Institutes of Management (Amendment)

•Bill, 2025, inter alia, are as under:—

(a)to amend sub-section (1) of section 4 of the IIM Act to provide that

•every institute shall be a body corporate by the same name as mentioned in

•column (5) of the Schedule;

(b)to insert a new sub -section (1B) in section 4 of the Act to provide

•that on and from the date of commencement of the Indian Institute s of

•Management (Amendment) Act, 2025, all the provisions of this Act shall

•apply to the Indian Institute of Management, Guwahati;

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(c)to insert an new clause (g) in sub-section (1) of section 39 of the Act

•to provide that until the first Board of the Indian Institute of Management,

•Guwahati is constituted under this Act, all the powers and functions which

•may, by or under the provisions of this Act, be exercised or performed by or

•on behalf of such Board on commencement of the Indian Institute s of

•Management (Amendment) Act, 2025, shall be exercised and performed by

•such person or persons as the Central Government may direct in this behalf;

(d)to amend the Schedule to the Act to insert the Indian Institute of

•Management, Guwahati in the list of the Institutes, so as to create a new institution,

•namely the Indian Institute of Management, Guwahati.

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6.The Bill seeks to achieve the above objectives.

•NEW DELHI; DHARMENDRA PRADHAN.

•The 12th August, 2025.

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•FINANCIAL MEMORANDUM

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•Clause 2 of the Bill, provides that on and from the date of commencement of

•the Indian Institutes of Management (Amendment) Act, 2025, all the provisions of

•this Act shall apply to the Indian Institute of Management, Guwahati.

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2.The Indian Institute of Management, Guwahati shall be provided corpus

•fund of five hundred fifty -five crore rupees for a period of five years (2025 -26 to

•2029-30). After five years, no additional fund support will be extended to the

•Institute since by end of such period, the Indian Institute of Management, Guwahati

•shall be generating enough revenue through own internal accruals.

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3.In view of the foregoing, the Bill, if enacted, would involve an additional

•financial expenditure of five hundred fifty -five crore rupees for a period of five

•years, covering both recurring or non -recurring expenses, from and out of the

•Consolidated Fund of India.

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•MEMORANDUM REGARDING DELEGATED LEGISLATION

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•Section 34 of the Indian Institutes of Management Act, 2017 empowers the

•Central Government to make rules in respect of certain matters mentioned in the

Act.There is no proposal to amend this section.

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2.Section 35 of the Indian Institutes of Management Act, 2017 empowers the

•Board of Governors of the Indian Institute of Management, Guwahati to make

•regulations not inconsistent with this Act and the rules made thereunder to carry out

•the provisions of the Act. The matters in respect of which the regulati ons may be

•made under the aforesaid provisions are matters of detail and it is not practicable to

•provide for them in the Bill itself. The delegation of legislative power is, therefore,

•of a normal character.

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•23 of 2023.

•ANNEXURE

•EXTRACTS FROM THE INDIAN INSTITUTES OF MANAGEMENT ACT, 2017

•(33 OF 2017)

•* * * * *

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4.(1) On and from the commencement of this Act, every existing Institute

•shall be a body corporate by the same name as mentioned in column (5) of the

Schedule.

•* * * * *

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39.(1) Notwithstanding anything contained in this Act:—

•* * * * *

(f)until the first regulations in relation to National Institute of Industrial

•Engineering, Mumbai are made under this Act, the rules and bye-laws of the

•National Institute of Industrial Engineering, Mumbai as in force immediately

•before the commencement of the Indian Institutes of Management

•(Amendment) Act, 2023 shall continue to apply to the National Institut e of

•Industrial Engineering, Mumbai with necessary modifications and adaptations

•insofar as they are not inconsistent with the provisions of this Act.

•* * * * *

•Incorporation

•of Institutes.

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•LOK SABHA

•————

•A

•BILL

•further to amend the Indian Institutes of Management Act, 2017.

•————

•(Shri Dharmendra Pradhan, Minister of Education)

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1.( 1) This Act may be called the Indian Institutes of Management

•(Amendment) Act, 2025.

(2)It shall come into force on such date as the Central Government may, by

•notification in the Official Gazette, appoint.

•Short title and

commencement.

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•Amendment of

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•section 4.

•Amendment of

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•section 39.

•Amendment of

Schedule.

2.In section 4 of the Indian Institutes of Management Act, 2017 (hereinafter

•referred to as the principal Act),—

(i)for sub -section (1), the following sub -section shall be substituted,

•namely:—

•“(1) Every Institute shall be a body corporate by the same name as

•mentioned in column (5) of the Schedule.”;

•(ii) after sub -section (1A), the following sub -section shall be inserted,

•namely:—

•“(1B) On and from the date of commencemen t of the Indian

•Institutes of Management (Amendment) Act, 2025, all the provisions of

•this Act shall apply to the Indian Institute of Management, Guwahati.”.

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3.In section 39 of the principal Act, in sub -section (1), after clause ( f), the

•following clause shall be inserted, namely:—

•“(g) until the first Board of the Indian Institute of Management,

•Guwahati is constituted under this Act, all the powers and functions which

•may, by or under the provisions of this Act, be exercised or performed by or

•on behalf of such Board on the commencement of the Indian Institutes of

•Management (Amendment) Act, 2025, shall be exercised and performed by

•such person or persons as the Central Government may direct in this behalf.”.

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4.In the Schedule to the principal Act, after Sl. No. 21 and the entries relating

•thereto, the following Sl. No. and entries shall be inserted, namely:—

•“22. Assam ------ Guwahati Indian Institute of

•Management,

Guwahati.”.

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•33 of 2017.

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•STATEMENT OF OBJECTS AND REASONS

•In 1961, the Government of India decided to establish two Indian Institutes of

•Management (IIMs), one in Kolkata (then Calcutta) and another in Ahmedabad.

•These specialised institutions were envisaged for increasing the pace of

•management training and education in India. As demand for more such institutions

•grew, four more IIMs at Bangalore (1973), Lucknow (1984), Indore (1996) and

•Kozhikode (1997) were established. In the Eleventh plan, seven new IIMs at

•Shillong (2008), Ranchi (2010), Rohtak (2010), Raipur (2010), Kashipur (2011),

•Tiruchirappalli (2011) and Udaipur (2011) were established. During the year 2015-

•16, seven more IIMs at Amritsar, Bodh Gaya, Jammu, Nagpur, Sambalpur, Sirmaur

•and Visakhapat nam were established. These twenty IIMs were originally

•established as a Society registered under the respective Societies Registration Acts.

•Subsequently, with the enactment of the Indian Institute s of Management Act,

•2017(33 of 2017), these IIM’s were declared as institutions of national importance,

•enabling them to grant degrees, ushering in uniformity in governance of IIMs with

•academic autonomy.

•In the year 2023, the Indian Institutes of Management Act, 2017 ( the IIM Act)

•was amended to include the National Institute for Training in Industrial Engineering,

•Mumbai in the Schedule of the IIM Act under a new name as the Indian Institute of

•Management, Mumbai. Presently, there are twenty-one IIMs that are declared as

•institutions of national importance and each of those Institutes are specified in the

•Schedule to the IIM Act.

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2.The Government of India, State Government of Assam and

•representatives of United Liberation Front of Assam (ULFA) has signed a

•Memorandum of Settlement (MoS) for all -round development of the State of

Assam.As per the MoS, a number of de velopmental projects are to be

•implemented by the Government of India under a Special Development Package

•(SDP). Establishment of an IIM at Guwahati as an institution of national

•importance is one of the projects under the SDP.

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3.The State Government of Assam has requested for establishment of an IIM

•in the State of Assam, keeping in view the geographical location of the State and its

•all-round development. Assam is one of the very few States with more than three

•crore population which does not have an IIM. As per latest published results of the

•All-India Survey of Higher Education, more than five and a half l akh students are

•enrolled in higher education institutions in Assam. Assam is at the centerstage of all

•round development of the region. Establishing an IIM at Assam shall boost the

•overall education and development of the region and open up significant

•opportunities for the students of North Eastern Region of India to develop

•managerial skills.

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4.The present Bill, namely the Indian Institutes of Management (Amendment) Bill,

•2025, in the light of above, seeks to amend the Indian Institutes of Management Act, 2017.